Southgate London Fish & Chip Takeaway Shop, Fully Fitted, for Sale
Southgate, London
- Status
FOR SALE
- Date Submitted:
04/04/24
- Advert ID
609222
- Reference
SOUTHGATE_FISH_CHIPS_TAKEAWAY_SHOP / Rightbiz
- Call Agent:
- Leasehold: £50,000 (Stock at valuation)
- Rent: £26,530
- Turnover: £234,000 (£4,500 Per week)
- Net Profit: Not Applicable
Key Features
- Fully Fitted
- Small Business
- Attractive Business
- Price Reduced
- Offers Invited
Business Details
Fully Fitted Fish & Chip Takeaway Shop for Sale in Southgate.
Fish & Chip Takeaway Shop for Sale in Southgate.
MAIN FEATURES
- QUICK SALE
- Large front of circa 18 ft
- Fully Fitted Restaurant & Takeaway
- Premises Licence
- Circa 1182 Sq. ft
- Busy Location in Southgate
LEASE DETAILS
- Ending in July 2029 (Inside the LTA 1954)
- Current Rent: £26,530 pax
- Rent Review: Every year capped at 2%
- Rent on July 2029: £30,475 pax
- Premium: £50,000 (Business, lease and fixtures & fittings)
PREMISES
- Total Area Circa 1182 Sq. Ft
- Rateable Value: £22,250 (Payable: Circa £11,000/year)
- Payable this year:£2,775.69
- Total covers circa 20-30
- 2 pan Fish & Chip frying range
- Spacious storage area (no cold room but space available)
Large front of circa 18 ft with two entrance doors, this fish & chip shop for sale in North London is well maintained with circa 20-30 covers, high ceiling, modern décor, fish and chip frying range.
THE LOCATION
- Southgate, N14
- Several Retail Shops & Eateries nearby
- Busy Location
Southgate known for its diverse community and thriving local economy, with plenty of shops, restaurants, and other small businesses operating in the area. As a location for a fish and chip business, Southgate offers a great opportunity to tap into a vibrant local market and attract customers from nearby residential areas, as well as visitors to the area.
TRADING
- Weekly Gross Sales: Circa £4,500 (£234,000/year)
- UberEATS, Deliveroo & JustEat
- Trading over 25 years as Fish & Chip shop
VIEWINGS & CONFIDENTIALITY
All interested buyers must agree Non-Disclosure Agreement with our company due to the “Confidentiality” requested by the client. Viewings are strictly through Restaurant Property Sellers only. By using our website, you agree with our Terms & Conditions.
DISCLAIMER
The above information is provided by the seller and are issued without responsibility on the part of the firm therefore are not to be relied upon as statements of facts. Any intending purchaser must satisfy themselves as to the correctness of each statement. The firm nor any of their employees have any authority to make or give, any representation or warranty whatever in relation to this property.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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